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India’s largest private airline, IndiGo, seems to be moving gingerly on its freighter network development, amid muted growth in air cargo imports and exports as demand headwinds plague major economies.

The addition of a dedicated freighter – a converted A321 – last September boosted the carrier’s cargo initiative, branded CarGo, taking off on the Kolkata-Yangon route in November.

According to CarGo International CCO Mark Sutch, the global cargo-airline industry is unlikely to see any profitability uptick this year, citing an IATA report ...

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